Why do you pay more for insurance when you put a lot of miles on your car?
Why do you pay more for insurance when you put a lot of miles on your car? How many miles you drive annually is one of the rating factors insurers use to determine your insurance premium. Drivers who clock more miles than the average — about 12,000 miles per year — pay more for car insurance because of the heightened risk of being on the road more often than a low-mileage driver.
Is it OK to buy a car with 100K miles?
In fact, with proper maintenance, many cars can last several hundred thousand miles before you begin to notice anything wrong with how they drive. If you bought a car that has 100,000 miles on it today, you could realistically drive it for another 10 years without significant problems.